Overhead is the cost of running a company's daily business operations. This amount is fixed and does not change as the company's production level rises or falls. The operating overhead rate is ...

The cost of goods and services includes labor, materials and overhead. The hourly rate minus overhead would simply be the direct labor costs. Examples of overhead costs include cleaning, rent, ...

The burden rate can help you target profitability by exploring the relationship between direct and indirect costs. Many, or all, of the products featured on this page are from our advertising partners ...

When planning for production it's important to include time management and cost control. These ensure production runs smoothly, stays within budget and meets customer expectations. Without them ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...